I receive a lot of inquiries and proposal requests from our beloved Overseas Filipino Workers who want to avail life insurance and mutual fund products from Sun Life.
Many of them would like to transact online since they are not physically located in the Philippines. Even though I very much like to grant their requests, this would not be possible because Philippine laws require us to meet each client we would like to offer our services.
If we violate these laws, there would be bad consequences such as invalidation of policy contracts. You must be present in the Philippines to fill up & review the application forms and affix your signatures to the documents. Also, there are scams online victimizing vulnerable people and we want to prevent this from happening.
The good news is you could ask for proposals from me and we will discuss it via email, viber, ym, chat, skype, zoom etc while you are abroad. You could always ask financial questions from me anytime, anywhere.
When you return back in the Philippines for vacations, you could already avail our financial products like term insurance, whole life insurance, variable life insurance and mutual fund. When you return back abroad, you could pay your premium online or ask your trusted family member to make the payment for you in the bank or insurance company office. In every transaction, there should always be a receipt or proof of transaction for your safety and reference.
I would like to thank our dear OFWs for reading my blog and for continuously supporting our economy via your remittances. Hopefully, you would invest/save part of your remittances and not let your family spend all of it. Remember, you will not be an OFW forever so you better save or invest now for your future. Wishing you all a happy and prosperous new year!
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Dear Sir,
OFW po ako, ask ko lang po sana kung saan po mas mainam na kumuha ng life insurance ang isang tulad ko? Sa home country po ba or sa country where I was based?
Meron po kase ako ngayong life insurance dito sa UAE which i am paying per month of around 800 pesos, pero ang inaalala ko po ay when it comes to claims. Baka ho kase pahirapan sa beneficiary. Kaya po naiisip ko na baka mas ok na kumuha ng insurance sa Pilipinas tutal nandyan nman ang pamilya ko. Isa pa po pala cover ba ng life insurance dyan sa Pilipinas habang ako ay nagttrabaho sa ibang bansa?
Salamat po
Gilbert
Ok lang naman po na meron kayo jan at dito sa Pinas pero mas mainam sana na dito sa Pinas yung plans nyo kasi andito yung mga beneficiaries nyo. Baka mahirapan silang magclaim kung pupunta pa sila jan sa UAE.